Monterey Mixed-Use Income
For Sale
$1,500,000
Pending
883 Lighthouse Avenue, Monterey, CA 93940
Four-unit mixed-use property near Monterey Bay Aquarium and Cannery Row.
Property Size2,633 SF
Days on Market208
Property Features for 883 Lighthouse Avenue
General Information
Standard status
Pending
Size
2,633 SF
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$6,000
Building Details
Year Built
1966
Listing Agency:
KW Coastal Estates
(831) 313-2289
Listed By:
Monterey Peninsul... · License #70000352
(831) 313-2289
Source:
Exitrealty
Added: Jan 28
Changed: Aug 23
Last Checked: Aug 14 at 6:07AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Coastal Estates
Investment Insights
Based on property information with market context.
This is a four-unit mixed-use commercial and residential property located in Monterey, a few blocks from the Monterey Bay Aquarium, Cannery Row, and the waterfront. The property includes two street-facing commercial units on Lighthouse Avenue, offering visibility and foot traffic. There are also two residential units: a two-bedroom, one-bathroom apartment above the commercial spaces with a deck and off-street parking, and a detached one-bedroom, one-bathroom apartment at the rear of the lot. The location has a walk score of 90, indicating it is very walkable, and a bike score of 64, indicating it is bikeable. The transit score is 34, indicating some transit options are available. This property is suitable for investors or owner-users seeking diversified income in Monterey.
Key Highlights
- Premier Monterey location: Blocks from Monterey Bay Aquarium, Cannery Row, and the waterfront.
- Mixed‑use property: Two commercial units and two residential units for diversified income.
- High visibility: Street‑facing commercial units on busy Lighthouse Avenue.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,204
Businesses Nearby
Explore this area
Business Placement
Demographics for 93940, CA
30,454
Population
15,451
Households
2
Avg Household Size
43
Median Age
54%
College-Educated
94%
High-School Grad
35.1 sq mi
ZIP Area
868
Density / Sq Mi
$110,669
Median Household Income
$62,711
Median Earnings
$2,305
Median Rent
$1,039,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Four-unit mixed-use property near Monterey Bay Aquarium and Cannery Row.
Where is this mixed-use property located?
The property is located at 883 Lighthouse Avenue Monterey, CA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Premier Monterey location: Blocks from Monterey Bay Aquarium, Cannery Row, and the waterfront.; Mixed‑use property: Two commercial units and two residential units for diversified income.; High visibility: Street‑facing commercial units on busy Lighthouse Avenue.
